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In the Event That a Shareholder Resolution Is Passed by a Majority

Question 35

Multiple Choice

In the event that a shareholder resolution is passed by a majority at a company's annual general meeting (AGM) , in most cases the company is obliged to ______.


A) take action immediately
B) create a plan for implementation of the idea and present it to shareholders
C) consider the proposal at its next board meeting
D) do nothing

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